CPM_Low_Income_Housing_Tax_2004-5-13.pdf

Subject

Description

Tax credit regulations provide owners of Tax Credit housing projects the option to request that our agency find a buyer for their project who will continue to keep the housing affordable, or the owner can opt out of the program less than the required time described in the extended use agreement. No system is present to facilitate owners of Tax Credit housing projects who signed extended use agreements. This paper explains the Low Income Housing Tax Credit Program.

Metadata

Tax credit regulations provide owners of Tax Credit housing projects the option to request that our agency find a buyer for their project who will continue to keep the housing affordable, or the owner can opt out of the program less than the required time described in the extended use agreement. No system is present to facilitate owners of Tax Credit housing projects who signed extended use agreements. This paper explains the Low Income Housing Tax Credit Program.